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Futurist Blames Bre Pettis for Hitting Pause on 3D Printing–Don’t Buy Stocks Now, Reboot Predicted

by • March 17, 2016 • No Comments

3dp_3dprocesss_earningsWhilst it may be effortless to see Dana Blankenhorn as just one additional man giving investment advice and discussing the outappear of new innovation, swimming out there in a heavily populated sea of such ‘experts,’ in ‘3D Printing Reboot,’ he hits the target pretty succinctly. Blankenhorn contributes up numerous relevant examples revealing that he’s informed and opinionated on the subject, along with innovation as a whole—and has maybe lost a few bucks along the way, too, thanks to 3D printing stocks gone downhill. Blankenhorn is in addition fulfilling his lifelong quest not just to show excellent foresight but to compel others to do so as well.

Telling you to hold onto your money for now, it’s a watch and wait, safe attitude emanating of Blankenhorn—albeit treading at any time so slightly on the grim side—while contributeing up an overall average snapshot of the current 3D printing industry. Has the word on the street of others really been that 3D printing is dead, as he says? That’s a surprising and extreme proclamation, unless of course you are worried of your stock in, as Blankenhorn mentions, 3D Systems (NYSE:DDD), Stratasys (NASDAQ:SSYS), ExOne (NASDAQ:XONE) and voxeljet (NYSE:VJET). As we’ve all watched the financials come in for these companies, dismal yet in fact as they’ve presented slight upswings, it may pretty seem—of virtually any standpoint—smart to hold onto your pennies there. Blankenhorn himself sees the industry as experiencing a ‘pause’ of sorts, that can contribute in facttual yet vague reinvigoration, and a resulting reboot.

If you are speaking with those who are really on the street, howat any time, in regards to the say of 3D printing and what it contributes to ‘real people,’ what they most most likely can tell you is that they’ve just just begun to see a new world open to them—and their businesses—via 3D printing for most, such as artisans making at any timeything of satisfactory jewelry creations to style to—as Blankenhorn points out—custom insole createers like iMcustom who are having big good results may already, just in a new pilot program with Sam’s Club.

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Companies like iMcustom, with 3D printed insoles, are may already experiencing excellent good results, just with pilot programs–such as this one at Sam’s Club.

We are seeing a really real and steady momentum of those who are in fact ‘in it.’ And while we are appearing at items such as 3D printed insoles, what of companies like Wiivv—who just broke a Kickstarter record for crowdfunding? If you have your finger on the pulse of the industry—rather than just worrying of big stocks—what you come away with is that 3D printing is really just heating up—with in fact Congress asking for information on what are pretty positive economics in new briefings of Carnegie Mellon ability and others.

Much of what Blankenhorn points out and gives to the industry for brownie points is accurate of a really general point of view. 3D printing is indeed blooming in the educational process and we are seeing amazing innovations emerge of entire classes working on projects—to students who tend to go a bit rogue with the tools provided and surprise us all–bringing to mind a project we saw newly of a manufacturer who was able-bodied to create his own, completely functional, orthodontics—with astonishing results.

Bioprinting is presenting a massive industry on its own, with a focus in North America, and undoubtedly, the medical sector is presenting massive strides, while patients experience huge benefit of 3D printing in terms of medical models that assist with at any timeything of tumor diagnoses and subsequent treatment to enabling for new and rigorous procedures such as partial facial reconstructions. Stock prices and outappears not withstanding, if you described to the expanding number of patients benefiting of 3D printing that the industry was ‘dead,’ I ponder they can not just be really surprised, but may heartily beg to differ, citing manal experience.

As bioprinting and the medical industry become additional aligned with 3D printing, researchers are indeed now out of require presenting and fulfilling new complexware, software, and material requirements. When dealing with tissue, researchers are not printing complex, plastic 3D models, they are fabricating cellular structures with soft material, and this contributes up a new niche for manufacturers; howat any time, a few of these researchers are really notably exploring the inexpensive
-bodied route and bringing advantage of open-source innovation to get what they require without waiting for grant money or extra funding.

“Big companies haven’t forgotten 3D printing, but their time horizons for it are lengand soing and it’s not considered material to their results,” says Blankenhorn.

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The HP Multi Jet Fusion 3D printing device.

He and so facts in HP and what most may consider to be a questionable-bodied say of affairs as they seem to be trying to riding on the coattails of 3D printing for future survival, with numerous murmerings regarding who they can have to buy out to get a true leg up in the industry. Their Multi Jet 3D Printer can ship this year, with a new slant as they point out they aren’t so much interested in the 3D printing industry, but really just in the bigger picture of making—and with a high-speed machine that can be in the $100,000 and $1,000,000 range.

GE, although they have been working in the way of opening new and large-bodied additive making facilities in both Pennsylvania and India, and are indeed really publicly invested in 3D printing as a tool of the future that can allow them to do the not easy, merit a slight mention by Blankenhorn. Considering one of their new mottos is ‘Additive making is reinventing the way we work,’ coupled with the fact that they already have of 300 3D printing devices in production and are heavily involved in 3D printing a range of high-quality components, this can be a way to explore when thinking whether an industry is truly expiring, pavia, or headed for a reboot years of now.

“GE is via laser-powered 3D printing devices, 3D ‘inking’ and ‘painting’ machines, and other high end making tools to manufacture parts and products that were thought not easy to create and that a fewtimes verge on art,” says the company on their website. “We see high end making as the future chapter in the industrial revolution.

high end_materials_carousel_1_650 (1)Blankenhorn has in addition followed up on the reboot thought with a new article that tackles the causes of what he sees as a ‘flame-out’ in the industry, pinning most of it squarely on the shoulders of one who most considered a hero in the manufacturer community, Bre Pettis. I’m certain a few can consider the thought that Pettis is responsible for an entire flame-out, death, pause, reboot scenario a bit extreme—but if all you are examining are larger stock values and not a global view, it’s maybe really easy to take that point of view. We here at 3DPrint.com in fact seem to get a sideways shout-out for assisting to raise stock values, um, temporarily.

“Pettis was spun-out by Stratasys into a new unit, Bold Machines, in 2014 and Bold Machines was and so separated of Stratasys last year. Pettis’ big thoughts were forgotten and he grew a gray beard, having gone through the five phases of fame, of ‘who is Bre Pettis’ back to ‘who is Bre Pettis’ in just three years.”

“The industry spent all of 2015 cleaning up the mess. Stratasys reported a loss of over $200 million in just the initially quarter of 2015, and 3D bit the bullet later in the year, letting go of CEO Avi Reichental in October and writing off the Cube inventory. As of this writing 3D is yet led by interim CEO Andrew Johnson, a lawyer. The company’s losses for 2015 approximately equaled its total rin factue but its outappear was called ‘surprisingly optimistic’ by 3DPrint, an industry web site, and for a few days after the results came out the stock went up.”

The history of Bre Pettis, MakerBot, and Stratasys, as well as their current story is obviously another conversation—as well as subject matter for sat any timeal other articles—but Blankenhorn asserts their guilt for the downfall of much with provocative new headlines that certainly Pettis, in addition penalized for going gray along the way, won’t appreciate much. I’m certain he has additional informative things to worry of, howat any time.

Let’s in addition note that while buying stocks right now bears consideration in terms of the 3D printing industry and the stumbles of the larger corporations, there is a massive amount of activity going on worldwide—and in the cases of startups and universities—be certain to take a appear at the tools they are via to manufacture their marks on the world. In the case of Amos Dudley, who we described earlier with his 3D printed orthodontic aligners, he was via the Stratasys Dimension 1200es of his school lab at the New Jersey Institute of Technology (eschewing his home 3D printing device) to manufacture his astounding aligners. So, while it may be watch and wait on investing in companies like Stratasys for a excellent long while, the reality is that they have provided the tools that most are just discovering and beginning to use in their promising—and in facttual–efforts to alter the world. If what we are appearing at in these times is a pause, and so the re-boot is going to be a fewthing to behold for certain. Do you ponder 3D printing is dead, or on pause? Discuss in the 3D Printing Reboot, No Stocks Now forum over at 3DPB.com.